Investment Program Scams

Scammers remain as active as ever, and there are still plenty of people who — despite continual warnings — are prepared to believe that they can profit by becoming involved in schemes that sound too good to be true. Wendy emailed me to ask my opinion on Bitcoin Loophole. She told me she had heard …

Dealing With Low Interest Rates

Rates have been lowered again. It’s a wakeup call to think about rates in general and the bond market in particular. Bear in mind I am talking about government bonds, not investment bonds which are tax paid investments just like your superannuation. The thing about bonds is that their market value increases as interest rates …

Latest Changes to Pension Rates

All pensioners, whether they receive a full or part pension, will receive one if not two pension bonuses this month. They will receive more on a fortnightly basis as a result of the recent indexation of the pension rates and thresholds. The maximum single age pension has increased by $7.20/fortnight to $933.40 and for couples …

Power Of Attorney

Estate planning is a critical issue as the population ages, but many people still don’t understand the consequences of not getting it right. Just recently a reader asked for advice about his family situation. His mother-in-law has instructed that the family home be sold when she dies, and the proceeds split equally among the family …